Just to share something with someone who is investing in the housing market.3 O% e' Y& `& n' q
Bought another condo and rent it with $1300/month. Condo fee% \& I, K0 u5 ^9 ^ T* B: s
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.- h0 ^5 g! A$ @9 U1 K
Also bought a new luxury apartment in China last month with $150,000. + H: a5 `' g0 ?1 C+ hThat unit worths $160,000 this month.0 l( R6 Y8 L) R2 N2 i$ k, @1 F
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.+ T8 [: H$ q+ L9 P4 o: |! d! s8 J
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.) {% s; N' ?; Y5 W% C. I) o
Well, it is still the highest ever for my currency exchange history.